| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 80th | Good |
| Demographics | 35th | Poor |
| Amenities | 61st | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1221 Oro St, El Cajon, CA, 92021, US |
| Region / Metro | El Cajon |
| Year of Construction | 1987 |
| Units | 31 |
| Transaction Date | --- |
| Transaction Price | $1,752,300 |
| Buyer | OWNERSHIP NAME INFORMATION |
| Seller | --- |
1221 Oro St, El Cajon CA Multifamily Investment
Neighborhood occupancy near 98% points to durable renter demand and leasing stability, according to WDSuite’s CRE market data. These occupancy and rent trends are measured for the surrounding neighborhood, not the property.
The property sits in El Cajon’s Urban Core, where the neighborhood carries a B- rating and demonstrates resilient renter demand. Neighborhood occupancy ranks 124th out of 621 San Diego metro neighborhoods (top quartile nationally), and the share of housing units that are renter-occupied is elevated, supporting a deeper tenant base and steadier lease-up.
Daily-needs access is a relative strength: grocery and pharmacy density are both Above metro median (ranks 126/621 and 111/621) with national percentiles in the high 80s to low 90s, while restaurants also score competitively. Childcare access is a standout (rank 35/621; top quartile nationally). Café and park counts are limited, which may modestly temper lifestyle appeal, but core services are well represented for workforce renters.
Home values in the neighborhood are elevated versus many U.S. areas (high national percentile for value-to-income), reinforcing reliance on multifamily housing. For investors, a high-cost ownership market often supports pricing power and retention, while a rent-to-income ratio around the mid-20s suggests monitoring affordability pressure within leasing and renewal strategies.
Construction in the area skews late-1970s on average. With a 1987 vintage, this asset is newer than the neighborhood norm, offering relative competitiveness versus older stock; targeted modernization should still be considered to address aging systems and capture value-add upside.
Demographics within a 3-mile radius show modest population growth in recent years and a larger increase in households, indicating smaller household sizes and a gradually expanding renter pool. Projections through the next five years anticipate further household growth and higher incomes, supporting occupancy stability and rentability for well-positioned units.
Safety conditions trend below national averages for comparable neighborhoods. Based on WDSuite neighborhood benchmarks, overall crime sits in the lower national percentiles, and the area ranks 444th out of 621 metro neighborhoods, indicating it is below the metro median for safety.
Recent estimates indicate year-over-year increases in both violent and property offenses. Investors often underwrite this by planning for appropriate security measures, insurance considerations, and resident screening while weighing the area’s strong occupancy and renter demand.
Proximity to a diversified employment base supports renter demand and retention, with nearby roles in food distribution, aerospace/defense, energy utilities, wireless technology, and life sciences reflected below.
- Sysco — food distribution (10.8 miles)
- L-3 Telemetry & RF Products — defense & aerospace offices (11.4 miles)
- Sempra Energy — energy utilities (14.5 miles) — HQ
- Qualcomm — wireless technology (16.0 miles) — HQ
- Celgene Corporation — life sciences (16.6 miles)
1221 Oro St offers exposure to a renter-heavy Urban Core pocket of the San Diego metro where neighborhood occupancy trends are strong and daily-needs retail is accessible. According to CRE market data from WDSuite, the surrounding neighborhood sits in the top national quartiles for occupancy and essential amenities like grocery and pharmacies, while elevated ownership costs in the area help sustain reliance on multifamily housing.
Built in 1987, the property is newer than the neighborhood average and may benefit from targeted renovations to enhance competitiveness against older stock. Within a 3-mile radius, household growth and rising incomes point to a gradually expanding renter pool over the next several years, supporting rentability; at the same time, affordability pressure and local safety considerations should be incorporated into underwriting and asset management plans.
- Strong neighborhood occupancy and renter concentration support demand stability
- Essential amenities (grocery/pharmacy) score above metro medians, aiding retention
- 1987 vintage offers value-add potential versus older local stock
- Household and income growth within 3 miles support a larger renter pool over time
- Risks: affordability pressure and below-metro safety rankings require prudent management